@Reid ShafenbergThere is no going back and un-doing that move.I would assume based on your description that the $5,000 distribution was reported by the 401(k) administrator as a taxable distribution to you. 

I'm currently looking at a small business administration loan of some such.I was wondering if anyone had any experience with what I'm trying to do and if there are any tips or things I should avoid. 

The administrative headache of having to keep extra bank accounts and tax returns isn't worth the extra headache, especially given there isn't any case law to actually uphold the validity of what the Series LLC is trying to accomplish. 

Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.You can borrow up to $50k from the plan; IRAs do not allow for participant loansThere is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

Your receiving IRA custodian can assist with this process.A "self-directed" IRA is exactly like any other IRA when it comes to account administration, timelines, beneficiaries, reporting, etc. 

And you cannot rely on what they tell you at the counter.. they just say whats possible.you have to determine if this is a administrative action.. or does it go to the planning commission ( ie get political)

@Charles BrownDid you ask your custodian/administrator what they want to see?

For purposes of this section, the following terms have the meanings given:(1) "court official" means a judge, referee, court administrator, prosecutor, probation officer, or victim's advocate, whether employed by or under contract with the court, who is authorized to act on behalf of the court;(2) "qualified third party" means a person, acting in an official capacity, who has had in-person contact with the tenant and is:(i) a licensed health care professional operating within the scope of the license;(ii) a domestic abuse advocate, as that term is defined in section 595.02, subdivision 1, paragraph (l); or(iii) a sexual assault counselor, as that term is defined in section 595.02, subdivision 1, paragraph (k);(3) "qualifying document" means:(i) a valid order for protection issued under chapter 518B;(ii) a no contact order currently in effect, issued under section 629.75 or chapter 609;(iii) a writing produced and signed by a court official, acting in an official capacity, documenting that the tenant or authorized occupant is a victim of domestic abuse, as that term is defined under section 518B.01, subdivision 2, criminal sexual conduct, under sections 609.342 to 609.3451, or stalking, as that term is defined under section 609.749, subdivision 1, and naming the perpetrator, if known;(iv) a writing produced and signed by a city, county, state, or tribal law enforcement official, acting in an official capacity, documenting that the tenant or authorized occupant is a victim of domestic abuse, as that term is defined under section 518B.01, subdivision 2, criminal sexual conduct, under sections 609.342 to 609.3451, or stalking, as that term is defined under section 609.749, subdivision 1, and naming the perpetrator, if known; or(v) a statement by a qualified third party, in the following form:STATEMENT BY QUALIFIED THIRD PARTYI, ....................

Hi there BP members, I am 20 years old and currently self employed through contracts with 7 months of consistent work and am receiving a diploma for Business Administration: Marketing from NBCC this spring.

If YOU present yourself as that representation, its not allowed as you'd personally be practicing law on behalf of the LLC without a license since you aren't an attorney.Same thing goes for administrative actions with the city like building violations, the LLC needs its own attorney.In both cases, you'll usually get a "freebie" court date - IE you show up, tell the judge you are the owner, didn't realize you need an attorney, they'll give you time to get one (a month-ish).